Homework Answers
1. Option B
Variable cost is the cost that changes with the change in the level of output, the variable cost per unit is constant but the total variable cost changed with a change in the activity level. Therefore, option B is correct.
2. Option A
Fixed costs are the cost that remains constant at all levels of activity, the fixed cost per unit changes with change in the level of activity but the total fixed cost will remain the same. Therefore, option A is correct.
3. Option B
The variable cost per unit remains constant at all levels of output but the total variable cost changes with the change in the level of output. Therefore, option B is correct.
4. Option D
The variable;e cost per unit will remain the same at all levels of output.
The fixed cost per unit decreases with a change in the level of output.
The mixed cost per unit also decreases with the change in the level of output.
Therefore, option D is correct.
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